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FDIC Quarterly Banking Profile Book Retention

Question: 
I just found a hoard of FDIC Quarterly Banking Profile books. I am assuming that we have kept these over the years because no one knew how long to keep them. As a rule of thumb, I have been keeping things that I am unsure of for at least 5 years. I have not found something in my department that has to be kept any longer tan that. I could not find any record retention guidance for this book. Should I trust my gut and just keep 5 years worth?
Answer: 

by Randy Carey:

Those are information publications from the FDIC - you don't even need to get them let alone retain them.

Answer: 

by John Burnett:

Also, take note that the FDIC itself maintains copies of these reports on its website that reach back over two decades. If you ever needed any information from one of those reports, it would be a lot easier to find it there than in some moldy box in the bank's records.

First published on 02/09/2020

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